Over 1000 government official from 40 countries around the globe have are expected to attend the 7th Annual Mineral Wealth from October 2nd- 3rd 2018 to be held at Kampala Serena hotel. The conference is organized by Uganda Chamber of Mines and Petroleum (UCMP) in partnership with the Ministry of Energy and Mineral Development through the Directorate of Geological Survey
PPDA wants a share of 30 per cent oil contracts given to Ugandans
The Public Procurement and Disposal of Public Assets Authority (PPDA) wants the guidelines of at least 30 per cent of the oil and gas work given to local contractors so as to boost local capacity. According to Mr Benson Turamye, the acting PPDA executive director, the guidelines of 30 per cent of contract value works
Ugandans might miss out on the Fruits of the Oil sector due to lack of skills
According to Honey Malinga, the director of the Directorate of Petroleum, Ministry of Energy and Mineral Development,the industry experiences many challenges towards local content and skills development. Uganda needs over 25,000 qualified workers, craftsmen and technicians to exploit oil and precious minerals(New vision 27 August 2018) While addressing graduates of the Youth Employment Enhancement Project (YEEP)
Uganda gears up for the 3rd International Oil & Gas Summit next month
Uganda will next month on 27-28th September host the 3rd Uganda International Oil & Gas Summit (UIOGS) 2017, in partnership with Total and CNOOC Limited as lead sponsors and co-hosts to the event respectively at the Hotel Serena, Kampala. The country hosted a similar event in 2016 where President Yoweri K Museveni alongside Hon. Minister
Government and Petroleum Companies complete assessments of project affected persons
Government together with the Petroleum Companies; Total E & P Uganda and Tullow Uganda Operations Pty Limited, have completed an assessment of all the project affected persons (PAPS) and communicated the cut-off date for the industrial area under the resettle action plan 1 (RAP 1) for Tilenga project. According to a joint statement from the
Uganda defends abscence of ‘Super Majors’ in Oil and gas sector
The Principle Petroleum Officer at Uganda Ministry of Energy and Mineral Development Peninah Aheebwa has said that the absence of Super Majors in nations Oil and industry is not a sign of stagnation and ineffectiveness. Aheebwa was responding to criticism which appeared in the Observer newspaper following the listing of companies registered in the First Licensing
Uganda Ministry of Energy expert says Oil sector is attractive despite Oil price threats
In an article published by the New vision on May 7, 2015, investment experts cautioned Uganda to take careful strides as the nations looks to spending in the budding oil and gas sector. Experts observed that since the nation was entering a highly speculative and competitive market, it was prudent to observe major international oil industry
Will Capital and Institutional investment in Oil and gas solve our economic woes
A World Bank pledge of a $ 600 million injection into the Uganda-Kenya gas pipeline construction deal went to the annals of history as among the major oil infrastructure investments in the region. As states in the East African Community (EAC) bloc move to tackle major economic challenges a head of integration, the oil and
Uganda Mining and Energy Conference: Oil and Gas Expo suspended
The second edition of Uganda Mining and Energy Conference and Exhibition (UMEC) that had earlier been planned to take place on May 20-21, 2015 has been postponed to a date yet to be communicated. The conference is a brain child of the Ministry of Energy and mineral development in partnership with AME Trade Limited, a
The slump in global oil prices: was it the wake-up call Uganda needed
February was a fairly busy month for anyone keen on developments in Uganda’s Oil and Gas sector. Obviously Tullow Oil released its 2014 Full Financial Year Results as anticipated- the kind that Tullow would love to forget. Uganda’s cabinet approved the first open licensing round for petroleum exploration putting some six blocks up for grabs